2012 AllianceTexas Community Report

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Aileen Hunter
5 years ago
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1 2012 AllianceTexas Community Report

2 We have BIG news Since its inception, AllianceTexas has paid One Billion Dollars In Property Taxes What is a billion dollars? $1 Billion is approximately $1,350 in tax impact for every Fort Worth resident $1 Billion can fund Transportation and Public Works Department for 20 years $1 Billion can fund the Fort Worth Fire Department for nearly 10 years Or, just 1/6 of the total 2012 US Presidential campaigns

Today s Report AllianceTexas Growing the local economy Then and now AllianceTexas Demographics The AllianceTexas Attraction 2012 Headlines, Numbers, and Newcomers 2012 Open at

3 Today s Report AllianceTexas Growing the local economy Then and now AllianceTexas Demographics The AllianceTexas Attraction 2012 Headlines, Numbers, and Newcomers 2012 Open at AllianceTexas Fort Worth Alliance Airport Goodbye to a friend Runway extension project Exciting future Welcome new council representatives of AllianceTexas Opportunities for your involvement

4 High ROI $17 to $1Private to Public Investment $9,000 $8,000 $7,000 Total $7,710,599,725 $7,290,626, % Over the last decade ( ), Millions $6,000 $5,000 $4,000 $3,000 an investment in: o Amazon earned almost 1005% o Google earned almost 457% o AllianceTexas earned over 1705% on the public investment $2,000 $1,000 $0 $419,973, % Total Private Public

5 Economic Impact In 2011 alone, ATX generated $3.09 billion in economic impact for North Texas

6 Tarrant County $25 Annual Property Tax Revenue (excludes sales or inventory tax) 2011 $22,104,530 $20 $15 $10 $5 $ Millions 1990 $50, $7,230,517

7 CITY OF FORT WORTH $25 Annual Property Tax Revenue (excludes sales or inventory tax) 2011 $22,452,150 $20 $ $122,722 $10 $5 $ Millions 2000 $9,904,919

8 PROPERTY TAXES PAID ( ) Public Entity Cumulative Taxes Paid Fort Worth $206,919,770 Haslet $7,997,569 Roanoke $26,757,496 Westlake *2010 first year of property tax $1,426,039 Denton County $27,103,717 Tarrant County $185,503,080 Keller ISD $220,072,158 Northwest ISD $387,132,895 Total $1,062,912,724

9 17,000 acre Master-Planned Development N o Larger than Manhattan by 15% o Located within two counties (Denton and Tarrant), four cities (Fort Worth, Haslet, Roanoke and Westlake) and two school districts (Northwest and Keller)

10 We ve come a long way 1998: From Vision Downtown Fort Worth N

11 To Bustling Community We ve come a long way

12 Alliance Center Mercedes Benz DynCorp FedEx Bell Tarrant County College Embry-Riddle Aeronautical University Federal Aviation Administration Galderma Patterson Dental Textron And More

13 Alliance Gateway 1990: Looking East to West LOOKING EAST TO WEST NORTH

14 Alliance Gateway Need same perspective Genco ATC Martin Brower TD Ameritrade LG Electronics Bridegestone Firestone Nestle AT&T Texas Instruments Ford General Mills Ryder Behr Paint UPS Lego Grainger And More

15 Looking East Westport at Alliance

16 Westport at Alliance BNSF Railway Hyundai Kraft Dickies Michaels JC Penney SC Johnson Coca-Cola Volkswagen Audi Trans-Trade Teleflex Medical And More

17 AllianceTexas Retail Belk Best Buy BJ s Brewhouse Children s Place Cinemark Hobby Lobby James Avery JC Penney Mi Cocina Olive Garden PetSmart Rooms To Go Rue21 Sam Moon And More

June 2012 Area of Interest includes 108,000 acres in and surrounding AllianceTexas Examined timeframe

18 And Still Growing... BUDDING, DIVERSE POPULATION Research and Demographic Solutions completed an in-depth examination in June 2012 Area of Interest includes 108,000 acres in and surrounding AllianceTexas Examined timeframe between AllianceTexas is one of the fastest growing areas in the fastest growing large city - Total population more than doubled: 114% increase (210,000) - 18 years and older increased by 115%

4% of the population have at least a high school diploma -

19 And Still Growing BUDDING, DIVERSE POPULATION AllianceTexas has an educated population % of the population have at least a high school diploma - College-degreed residents made up 45.8% of residents over 25 About 79.2% of the total households are family households Median household income is $85,353, over $32,000 more than the US and Texas medians

AllianceTexas Attraction Good for employers National Public Radio called

Multimodal transportation options, supply chain services and an abundant

20 AllianceTexas Attraction Good for employers National Public Radio called Alliance Global Logistics Hub the gold standard for inland ports Multimodal transportation options, supply chain services and an abundant workforce keep companies in AllianceTexas 32.7 million square feet developed 2.6 million square feet leased in 2012 Over 1.3 million were renewed leases 29 million square feet developed specifically for office and industrial

AllianceTexas Attraction Good for employees Jobs 303

total jobs created Entertainment, dining and shopping

shopping centers in the region Nearly 3.

medical, hospitality, education Living and lifestyle

997,000 square feet dedicated to training and education

21 AllianceTexas Attraction Good for employees Jobs 303 Companies at AllianceTexas 31,279 direct jobs 110,000 total jobs created Entertainment, dining and shopping Alliance Town Center is one of the fastest growing shopping centers in the region Nearly 3.5 million square feet developed dedicated to retail, medical, hospitality, education Living and lifestyle options 2 major hospitals servicing AllianceTexas 997,000 square feet dedicated to training and education 550 multifamily units existing; 306 units planned in 2013 Over 7,700 single family homes

22 AllianceTexas Attraction Upcoming Hillwood Projects at AllianceTexas New Multifamily Complex Monterra Village Phase II Alliance Town Center Office and Medical District Alliance Town Center Retail Spec Industrial

23 Open at AllianceTexas Open in 2012 Educational Embry-Riddle Aeronautical University Medical Services Texas Health Resources Pediatric Urgent Care The Joint Heritage Dentistry Health and Fitness Koko Fit Club Aqua Trek Sports Entertainment Cinemark Hallmark Shopping Claire s Torrid Restaurant Cinemark Hallmark Mi Cocina Houlihan s Baker Brothers Starbucks Green Tea House Shopping Claire s Torrid Hallmark Services Palm Beach Tan Cinch Cleaners Deluxe Nails Equify Finance Onin Staffing Sprint Industrial Martin Brower CVE Technology WW Grainger Exel TempurPedic Animal Health International LG Electronics (expansion)

North Texas Advantage Benefitting from a competitive advantage Aviation & Aerospace North Texas is the 2 nd largest

Alliance Air Show took to the skies on October 6 and 7 Hosted 2 jet teams in the popular line up of 2012 Nearly 80,000

October 8, 9 and 10 Thought leaders from across the industry converged in Fort Worth to discuss issues of today Featured

24 North Texas Advantage Benefitting from a competitive advantage Aviation & Aerospace North Texas is the 2 nd largest aviation cluster in the nation (with the largest names in the industry right here in Fort Worth) The 2012 Fort Worth Alliance Air Show took to the skies on October 6 and 7 Hosted 2 jet teams in the popular line up of 2012 Nearly 80,000 attended the show in Fort Worth The 2012 Aviation and Aerospace Manufacturing Summit (AAIMS) held at AllianceTexas October 8, 9 and 10 Thought leaders from across the industry converged in Fort Worth to discuss issues of today Featured Speaker: Norm Augustine, Chairman and CEO of Lockheed Martin (ret.) 2013 Air Show dates October 19 and AAIMS dates October 16,17 and 18

Fort Worth Alliance Airport Alliance Airport Leader Stepping

Overseen the first industrial airport since its inception in

teams Record-setting 14 ExxonMobil Tiger Spirit Awards Top

project on behalf of City of Fort Worth and the Alliance

25 Fort Worth Alliance Airport Alliance Airport Leader Stepping Down Tim Ward announces retirement after 23 years at Alliance Overseen the first industrial airport since its inception in 1989 Led the award-winning FBO and Fort Worth Alliance Air Show teams Record-setting 14 ExxonMobil Tiger Spirit Awards Top civilian-produced air shows in the country Managed expansion project on behalf of City of Fort Worth and the Alliance Airport Over $200 million in public funding Air, rail, and highway reconstruction

completion date: 2016 $215 million received to date from: Federal Aviation Administration (FAA) Texas Department of

26 Fort Worth Alliance Airport Fort Worth Alliance Airport Runway Extension Extend airport runways to 11,000 feet Expand flight capability; enable long-haul flights Allow non-stop international flights to Europe and Asia Estimated completion date: 2016 $215 million received to date from: Federal Aviation Administration (FAA) Texas Department of Transportation (TxDOT) Tarrant County 80% of funding received <$30 million still required Opportunity for city involvement

What s to Come Great things ahead We welcome additional council representation Fort Worth Council visits to AllianceTexas Open Invitation Issues important to North Fort Worth constituencies 35W

27 What s to Come Great things ahead We welcome additional council representation Fort Worth Council visits to AllianceTexas Open Invitation Issues important to North Fort Worth constituencies 35W Corridor City Services Funding for the North Tarrant Express segments to SH 114 and SH 170 Advance Westport Parkway- Avondale Haslet Road Transportation Regional Commuter Rail Police Division Alliance Town Center Office Efficient Development Process Streamlined Platting and Permitting Parks and Recreation Community Ball Fields Hike and Bike Trails

28 Remember the BIG news AllianceTexas has paid $1,000,000,000 In Property Taxes and we re not even halfway developed

29 Thank you

AllianceTexas. AllianceTexas. Welcomes. January 6, 2015

AllianceTexas. AllianceTexas. Welcomes. January 6, 2015 AllianceTexas AllianceTexas Welcomes January 6, 2015 2014 AllianceTexas Economic Impact Report 1989 The Vision 2014 Year in Review AllianceTexas Headlines Growing the Economy Economic Impact Square Feet